Nintendo plans to release five mobile titles by March 2017. Iwata acknowledged that this might seem like a small number, but "we aim to make each title a hit, and... this is not a small number at all and should demonstrate our serious commitment to the smart device business."

Iwata also underscored Nintendo's determination in releasing quality mobile games – rather than simply porting existing games to smartphones, saying "if we were simply to port software that already has a track record on a dedicated game system, it would not match the play styles of smart devices, and the appropriate business models are different between the two, so we would not anticipate a great result."

In sum, it's good news for anyone who's been worried that the Japanese game maker would cut corners in a bid to chase mobile money.